Loyal And Mary Shannon Endowment is located in Nebraska City, NE. The organization was established in 1988. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loyal And Mary Shannon Endowment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Loyal And Mary Shannon Endowment generated $45.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $36.2k during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL SUPPORT OF PAROCHIAL SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT FINANCIAL SUPPORT OF LOURDES SCHOOLS OF NEBRASKA CITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Gude Vp/secretary | Trustee | $0 | |
Deroy Harshman Pres/treasur | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,000 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
Total Program Service Revenue | $0 |
Investment income | $12,468 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $31,943 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $45,411 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,160 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $36,160 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $568 |
Savings and temporary cash investments | $9,556 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $558,739 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $568,863 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $585,986 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | -$17,123 |
Total liabilities and net assets/fund balances | $568,863 |
Beg. Balance | $559,612 |
Earnings | $44,411 |
Admin Expense | $1,000 |
Net Contributions | $1,000 |
Other Expense | $5,160 |
Grants | $30,000 |
Ending Balance | $568,864 |
Organization Name | Assets | Revenue |
---|---|---|
Bsds Inc Kansas City, MO | $14,798,906 | $10,020,061 |
Community School Association Saint Louis, MO | $35,306,826 | $7,869,470 |
Aspen Prep Academy Greenwood Village, CO | $9,060,437 | $10,878,919 |
Kipp Kansas City Kanas City, MO | $2,549,459 | $9,188,529 |
Crazy Horse School Wanblee, SD | $8,972,836 | $11,288,787 |
Fund For The New School Boulder, CO | $22,341,356 | $11,531,077 |
Chcs Education Highlands Ranch, CO | $7,085,038 | $8,860,555 |
New City School Inc St Louis, MO | $22,103,976 | $8,138,828 |
Aurora Academy Charter School Aurora, CO | $5,446,590 | $7,190,131 |
City Academy Inc St Louis, MO | $77,854,933 | $6,703,364 |
Pella Christian Grade School Pella, IA | $20,327,726 | $5,655,142 |
Loneman School Corporation Oglala, SD | $12,469,968 | $11,895,435 |